Tom Essaye Quoted in BNN Bloomberg on August 28th, 2023
This week is important because it has the chance to either reinforce the ‘soft/no landing’ and ‘disinflation’ pillars of…said Tom Essaye.
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This week is important because it has the chance to either reinforce the ‘soft/no landing’ and ‘disinflation’ pillars of…said Tom Essaye.
This week will be more important than it appeared it would when we started August…argued Tom Essaye, president of Sevens Report Research.
The surge in US yields has been the primary reason stocks have declined over the past…according to Tom Essaye, founder of The Sevens Report.
People get very excited about CPI and say, ‘Hey, CPI went up only 0.1% over the past month and it’s only up 3% over the past…Essaye said.
Sevens Report analysts: “The market of 2023 is being defined almost by hyperbolic extremes. We started 2023 with investors fearing a…
Meanwhile, a consistent run of strong U.S. economic data has raised fears the Federal Reserve may…analysts at Sevens Report Research said.
That’s why rising Treasury yields are a problem for stocks, because investors will rotate out of riskier equities and into…argues Essaye.
Concerns about the Chinese economy grew this morning after real estate firm Country Garden suspended trading in select…said Tom Essaye.
The Country Garden news reinforced the notion that “recession risks in China are real,” explained Sevens Reports’ Tom Essaye.
Reminding investors of Chinese property market volatility from years ago and reinforcing that recession risks in China…said Tom Essaye.
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